Learn to Trade using technical analysis with Miss Wallstreet
After getting in on the wrong side of the trade the other day on the Euro, I decided to get back in today. Monday morning is hit or miss in trading. It’s the first time that the US markets can trade for the week but Sunday night usually has most movements priced in from the [...]
The Euro looks like a solid play today. I missed the move overnight though. The news was released today about the German producer price index and it seems to have beat the expectations so the Euro rose slightly during the London trade. There is still concern about this rescue fund package that is in the [...]
Today I placed a trade long the US Dollar versus the Canadian Dollar. My analysis was based on the upward momentum of the exponential moving averages and the fact that the price is sitting directly on top of support. If the price continues to rise, I could be getting in at the bottom. I also [...]
Today I placed double entry orders on either side expecting a sideways market. A breakout to either direction will trigger a long or short trade. Double entry orders long and short The markets are still in upheaval after the US credit rating downgrade. The economic calendar shows medium impact news for Canada being released on Thurday [...]
Enter Short at 1.42 I entered a short trade at about 1.426 today. I am expecting further losses for the Euro. However, I have a tight stop incase the market decides to rally today. If todays daily pivot is broken (the gray line) I expect further losses down to at least midway to the next [...]
After the beating I got yesterday, I am surprising my self that I am back at it again. But today I decided to change things up a bit and take advantage of the London trading time. It seems like they know how to trade technicals. US markets only screw up my good trades. Yesterday’s loss [...]
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